Offshore Ireland Prospect Prospective Gas Resources: 1.5 Tcf.

Drilling Activity Details



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Drilling Activity Summary


Europa Oil & Gas has identified a new prospect in offshore Block LO16/20 in the Slyne Basin that includes the company’s Inishkea Prospect. The Inishkea Prospect is adjacent to the producing Corrib gas field in the Corrib Field Petroleum Lease Area. According to a report, the Inishkea gross mean unrisked prospective gas resources are approximately 1.5 Tcf. Site surveying is planned for mid-2019 and includes an exploratory well. Farm-in negotiations are being conducted for three of Europa’s offshore Ireland licenses, including Block LO16/20 and its Inishkea Prospect.